Morningstar has put together a list of the top 10 tech funds - Business Insider

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With the Nasdaq back in record territory, here are the top 10 best-performing tech-focused funds to consider investing in

to record territory and the rebound of other stock indices in recent weeks following the coronavirus sell-off may have you itching to put some money back into the market.It's no secret that many investors have a preference for tech stocks. In recent years, these often high-growth companies have frequently outperformed the broader markets.

So, if that's you, which funds should you be looking at? Well, a good place to start can be to look at those funds that have performed best over a decent period of time. As fund managers say all the time, past performance is no guarantee of future returns. But it can be an indication, particularly if a fund has done well through both ups and downs in the economic cycle.

Analysts at Morningstar Direct put together for Business Insider a list of the mutual funds and ETFs that had posted the best returns over the last five years. That time period stretched through May 31, so it includes the hit the markets took from the coronavirus crisis and the partial recovery through that date.

Many investors lately have been plowing their money into passively managed funds, whose holdings typically mirror particular indices. But the top four tech funds over the last five years were all actively overseen by human portfolio managers. Among the firms that posted top returns: ARK Investment Management, BlackRock, and Putnam.

The return figures take into account any management or administrative fees the funds assess, but do not include charges that would be incurred when buying or selling the funds. The figures also assume that any dividends or cash distributions would have been reinvested in the fund. In reverse order, here are the top 10 performing tech-funds from the past five years:

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